Now, just days after the State’s application period closed that will likely add six additional dispensaries to the medical program, smoke signals are beginning to billow over the State House. As recently reported in the Providence Journal, Senate leadership has already begun to mobilize in the authorizing of adult use legislation:
https://www.providencejournal.com/story/news/politics/2020/12/21/senate-leaders-back-income-tax-hike-legal-marijuana-and-eviction-ban/3989528001/
This is undoubtedly exciting news for industry participants, actual and prospective alike. Those interested in pursuing cannabis business opportunities in Rhode Island would be best served by reaching out to experienced legal counsel in cannabis law and regulations to get a head start on what many expect to be a “green wave” in the Ocean State.
For assistance and further information, please contact PLDO Partner Benjamin L. Rackliffe, a leading authority in the areas of corporate and regulatory compliance within nascent cannabis industries at 401-824-5100 or email brackliffe@pldolaw.com. For the better half of a decade, he has been at the forefront of advising businesses on the ever-evolving state and federal cannabis law and policy landscape in both medical and recreational markets throughout New England and elsewhere. Within the State of Rhode Island, Attorney Rackliffe has advised approximately two dozen licensed cultivation companies through real estate, licensing, regulatory compliance and investment related matters. Outside of Rhode Island, he routinely advises dispensary and cultivation operators, including the owner of the largest outdoor cannabis cultivation on the east coast, as well as a publicly traded Canadian company, on diverse corporate matters. In addition, Attorney Rackliffe advises investors on risk mitigation measures within the cannabis space, and has further parlayed this experience in the nation’s burgeoning hemp industry.
Disclaimer: This blog post is for informational purposes only. This blog is not legal advice and you should not use or rely on it as such. By reading this blog or our website, no attorney-client relationship is created. We do not provide legal advice to anyone except clients of the firm who have formally engaged us in writing to do so. This blog post may be considered attorney advertising in certain jurisdictions. The jurisdictions in which we practice license lawyers in the general practice of law, but do not license or certify any lawyer as an expert or specialist in any field of practice
